Return to News Categories

Commentary and Educational Cattle - Hogs / Livestock News Currencies News Energy News Grain News Index News Interest Futures News Metals Futures News Reports: Crops, CFTC, etc Soft Commodities News

Futures and Commodity Market News

Potential Mercury Computer Systems (MRCY) Trade Has 7.05% Downside Protection

Feb 09, 2018 ( via COMTEX) --

A covered call identified by's patented algorithm on Mercury Computer Systems (<a href="">MRCY</a>) could yield about 2.90% (30.31% annualized, for comparison purposes only) in 35 days. Pair a long position in the stock with the Mar 16, 2018 $40 call for a net debit of about $38.86. This position also has 7.05% downside protection. Mercury Computer Systems closed at $41.81 Feb 8, 2018. Technical indicators for MRCY are bearish and support and resistance have been about $39.45 and $46.51, respectively.A

(C) Copyright 2018, All rights reserved.

Please read the End User Agreement.
By accessing this page, you agree to the terms and conditions of the End User Agreement.

News provided by COMTEX.

Lt Crude 62.42
Nat Gas 2.584
Corn 367 4/8
Cotton #2 77.16
Gold 1350.8
Copper 3.2015
Euro 1.24140
USD Index 89.200
SP500 E-mini 2723.00
DJIA E-mini 25116